*Joe Hinrichs moves to head of the Americas. Nov 1- Ford Motor Co said Alan Mulally has agreed to stay on as chief executive for at least two more years, giving the No. 2 U.S. automaker more time to gauge potential successors-- or keep Mulally on longer if needed.

*Joe Hinrichs moves to head of the Americas. Nov 1- Ford Motor Co promoted long-time executive Mark Fields to chief operating officer as part of a management shuffle announced on Thursday that keeps Alan Mulally as chief executive for at least two more years.

The "Squawk on the Street" news team reports on today's market-moving headlines, including news Ford's current CEO will remain at least through 2014. CNBC's Phil LeBeau weighs in on the automaker's leadership plan.

DETROIT-- Ford has scheduled a conference call for Thursday morning and may announce a succession plan for CEO Alan Mulally. Many in the company expect Americas President Mark Fields to be promoted to Chief Operating Officer, a step that prepares him to take over for Mulally. Ford Motor Co. spokesman Jay Cooney would not say what the conference call is about.

*GM brands all gain; Toyota sweeps top three. DETROIT, Oct 29- Ford Motor Co tumbled to nearly the bottom of an annual survey of vehicle reliability due to flaws in its touch-screen navigation and entertainment system, while Japanese automaker Toyota Motor Corp swept the top three spots.

*Ford to move Southampton production to Turkey. LONDON/ DETROIT, Oct 25- Ford motor Co unleashed a second volley of European job cuts and plant closures on Thursday in a bid to halt regional losses that the automaker now expects to surpass $3 billion over two years.

LONDON-- Ford pressed ahead Thursday with its plan to slash production in Europe, announcing another plant closure and 1,500 more job cuts, as it warned that annual losses in the region will exceed $1.5 billion this year and next.

LONDON-- Carmaker Ford announced Thursday it will cut 1,500 jobs in Britain, closing a plant and eliminating a stamping and tooling facility, as it warned that losses in Europe will exceed $1.5 billion this year. Ford Motor Co., which on Wednesday announced the closure of another plant in Brussels, is struggling in Europe, as are many major carmakers.

Ford in the U.S. continues to grow profits and profit margins with a steady cadence of new and re-designed models. That will be the focus this fall even as reporters pepper Mulally with questions about his succession plans.